YEARLY HIGH
21.3720 ISK
YEARLY LOW
19.1962 ISK
YEARLY AVERAGE
20.3255 ISK

2023 TTD to ISK Performance & Market Timing Review

Analysis of key historical highlights and timing insights for 2023

During 2023, the TTD to ISK exchange rate experienced significant fluctuation. The market reached its absolute peak on February 19, valuing the pair at 21.3720. Conversely, the yearly low was recorded on August 30, dropping to 19.1962.

This high-to-low spread represents a total annual volatility of 2.1758 ISK. From a start-to-finish perspective, comparing the January average rate of 21.0454 to the December average rate of 20.2773, the exchange rate registered a net change of -3.65% (reflecting a weakening trend).

Looking at year-over-year peak valuations, the 2023 high of 21.3720 was down 2.61% compared to the 2022 peak of 21.9455, indicating shifts in long-term support levels.

Transfer Payout Power Comparison

Comparing the value generated converting 5,000 TTD based on timing:

Yearly Peak High 106,860 ISK
2022 Average 99,651 ISK
Yearly Trough Low 95,981 ISK
Transaction Impact: A difference of 10,878.95 ISK purely based on transaction execution date.

Trend Visualization

Monthly average fluctuations over the course of 2023.

21.2328
19.2642
JanuMarcMayJulySeptNove

TTD to ISK Seasonal Trends & Volatility Analysis

A structured review of seasonal halves, trading extremes, consecutive streaks, and historical baselines.

Seasonal Halves (H1 vs H2)

Seasonal

The average exchange rate in the first half of the year (H1: Jan–Jun) was 20.6021, compared to 20.0488 in the second half (H2: Jul–Dec). This shows that the rate was stronger in the first half (Jan–Jun) by a margin of 0.5532 points.

H1 Avg (Jan–Jun) 20.6021
H2 Avg (Jul–Dec) 20.0488

Volatility Range Comparison

Volatility

The most volatile month in 2023 was November, with a trading range of 1.0113 ISK (High: 21.2110 / Low: 20.1997). On the other end, October was the most stable month, with a tight range of 0.3498 ISK (High: 20.6141 / Low: 20.2643).

November Spread (Volatile) ±1.0113
October Spread (Stable) ±0.3498

Growth Streaks & Declines

Trends

Between August and November, the exchange rate recorded its longest consecutive growth streak of the year, climbing for 3 straight months. Conversely, the sharpest month-over-month decline occurred between June and July, when the average rate fell by 0.7498 points.

Longest Streak 3 Mo.
Sharpest MoM Drop -0.7498

Same-Month Historical Baseline

YoY Baseline

Comparing the current year's strongest month average (February 2023: 21.0688) against the same month in 2022 (average: 18.4337), the exchange rate shifted by +2.6351 (+14.30%).

2023 Avg (February) 21.0688
2022 Avg (February) 18.4337

Monthly Breakdown

Statistical summary for each calendar month.

Month High Low Average
January 21.3345 20.7516 21.0454
February 21.3720 20.5408 21.0688
March 21.0086 20.0068 20.6396
April 20.3520 19.8722 20.1287
May 20.7716 19.9802 20.4071
June 20.8196 19.8302 20.3229
July 20.2295 19.2288 19.5731
August 19.5761 19.1962 19.4283
September 20.2981 19.4131 19.9538
October 20.6141 20.2643 20.4334
November 21.2110 20.1997 20.6273
December 20.6169 19.8844 20.2773